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Earnings (loss) per share and ADS (Tables)
12 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share and ADS [Table Text Block]
For the years ended March 31, 2012, 2013 and 2014, the following table sets forth the computation of basic and diluted earnings per share and ADS:
 
 
 
Year ended March 31,
 
 
 
2013
 
2014
 
2015
 
Net loss (US$)
 
 
(11,432,223)
 
 
(7,471,406)
 
 
(13,812,570)
 
Weighted average equity shares for basic and diluted earnings (loss) per share
 
 
13,795,178
 
 
13,795,178
 
 
13,795,178
 
Earnings /(loss) per share – basic (US$)
 
 
(0.828)
 
 
(0.542)
 
 
(1.000)
 
– diluted (US$)
 
 
(0.828)
 
 
(0.542)
 
 
(1.000)
 
Earnings / (loss) per ADS – basic (US$)
 
 
(0.414)
 
 
(0.271)
 
 
(0.500)
 
– diluted (US$)
 
 
(0.414)
 
 
(0.271)
 
 
(0.500)